Sherritt International Corp T.S

Alternate Symbol(s): SHERF

Metals & Mining Industrial Metals & Minerals

Sherritt International Corporation is a Canada-based company engaged in the mining and refining of nickel and cobalt metals essential for the adoption of electric vehicles through hydrometallurgical processes. The Company is engaged in the production of high purity nickel and cobalt metals from lateritic ore. Its technologies group creates solutions for oil and mining companies around the world to improve environmental performance. The Company offers a range of products including Nickel, Cobalt, Fertilizers and Other Products. The Nickel products category includes standard grade, steel grade, and nickel powders. The Cobalt products category includes cobalt briquettes and cobalt powders. The Company’s Fertilizers product category includes anhydrous ammonia, granular ammonium sulfate, crystalline ammonium sulfate-super salt, and crystalline ammonium sulfate-standard grade. The Other products category includes sulfuric acid, zinc sulfide, and copper sulfide.

TSX:S - Post by User

Sherritt International Corp

Bullboard Posts

Comment by YourFriendoon Oct 31, 2018 12:18pm

49 Views

Post# 28901819

RE:RE:RE:RE:RE:the Q

Wow congratualtions, you can copy and paste from the internet!

And where are they going to get the money to repay this on top of their other debentures / interest payments? At current prices, Moa JV cashflow is basically eaten up by interest payments and overhead. Pretty simple math.

Moa JV Operating Cashflow = $115m (30kt * 50% * $3.50)
Capex    = $40 m
Interest    = $35 m
Corporate / Tech/ OH    = $20 m

Which leaves 20m, which is basically a rounding error. It would take 20 years to pay off 23/25 debentures with that cash flow.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?